Job Overview

Worcester, England
Job Type
Full Time
£20,000 - £25,000 Per Year
Date Posted
1 day ago

Additional Details

Job ID
Job Views

Job Description

We are looking for a Group Benefits Associate to handle the day-to-day administration duties of pension schemes and life insurance policies.

Assisting the Senior Associate with Processing monthly pension schedules and liaising with relevant person in the Company Payroll / HR Dept and the scheme provider. Processing monthly contributions, calculating pension forecasts, and preparing statements, running annual electronic AML check at review date / new scheme / new business, compliance checks at review date.

Dealing with bespoke adviser, scheme and individual member queries and answering queries by telephone, in writing or by e-mail

Act as a point of contact for the client in the adviser’s absence and deal with client queries

Form Processing in relation to review and new schemes, group protection scheme re-broking, group protection change of risk requests, group protection claim processing

Update plan details because of any provider instructions, prepare meeting and review packs for advisers

Send member templated letters including for new joiners, nearing NRD and retirement options

Send Scheme templated letters including confirmation of new members

Send Valuation reports to the client with appropriate covering letter if requested

Creating invoices and send to client and track to ensure payment is made

Add fees to XPLAN ensuring the correct adviser banding rate and splits are added if applicable

Ensure any change in initial / ad-hoc fee amounts are communicated to Finance so that the monthly WIP can be updated

Obtain policy information and quotes for paraplanners as required

New Clients Procedure, Client Left Agency Procedure, Deceased Clients Procedure, Change of address Procedure and New Business Procedure


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